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I(l. 't'hat the Mortgagor will keep the buildings upon said premises in goad eepteir, and neither commit nor permit waste <br />upon said [and, nor suffer the said premises to he used fat any unlawful purpose. <br />I ]. That if the premises, <x any part thereat, be condemned under the power of eminent domain- ar acquired for a public <br />use, the damafles awarded, the proceeds for the taking of, or the consideration for such acquisition, to the extent of the full <br />amount of indebtednes upon this mortgage and the note which it is given to secure remaining unpaid, are hereby assigned by the <br />Mortgagor to the Mortgagee, and shall be paid forthwith to szid Mortgagee to be applied by the latter on account of the next <br />maturing insfallmenis of such indebtedness. <br />12. The Mortgagor further agrees that should this mortgage and the note secured hereby not be eligible for in- <br />surance under the National Housing Act within 60 days from the date hereof (written statement of any officer <br />of the Department of Housing and Urban Development or authorized agent of the Secretary of Housing and Urban <br />Development dared subsequent to the 6 0 days time from the date of this mortgage, declining to insure said <br />note and this mortgage, Ding deemed conclusive proof of such ineligibility), the Mortgagee or holder of the note <br />may, at ics option, declare all sums recurred hereby immediately due and payable. <br />13. That if the Mortgagor fails to make any payments of money when the same become due, or faits to conform to and <br />comply with any of the conditions or agreements contained in this mortgage, or the note which it secures, then the entire princi- <br />pal sum and accrued interest shall at once become due and payable, at the election of the Mortgagee: and This mortgage may <br />thereupttn be foreclosed immediately for the whole of said money, interest, monthly payments, casts, ground rents, taxes and <br />the Cost of extending the abstract of title from the date of this loan to the time of cammencirtg such foreclosure suit, and a rea- <br />sonable attorney's fee, all of which shalt be included in the decree of tforeclosure: and the contrazt embadicd in this mottgage <br />and the note secured hereby, shall in alt respects be governed, construed and adjudged by the taws of Nthraska, where the <br />~, same is made. <br />The covenants herein contained shall bind, and the benefits and advantages shall insure to, the respective hrirs, executors. <br />administrators, successors and assigns of the parties hereto. Whenever used, the singular number shall include the plural, the <br />plural the singular, and the use of any gender shall be applicable to all genders. <br />The foregoing conditions, all and singular, being performed according to their natural and legal impart. this eomeyance <br />shall be void and said premises released at the expense of the Mortgagor, otherwise to be and remain in full force and effect. <br />IN WITNESS WHEREOF, the Mortgagor(s) ha hereunto set hand(s) the day and year first <br />above written. <br />In presence of: <br />C.~..~v-.:.-~"`~' v =n `~.`- (SEAL ] <br />Edward M. Ryan <br />i$EAL] <br />] S£At_ ] <br />]SEAL] <br />]SEAL] <br />GPO 911.1 J@ <br />STATE OF NEBRASKA, <br />ss: <br />COUNTY OF BALL <br />On this 10th day of August , A.D. !!~ 79. befarc me, <br />a notary publ ie m and for said County, personalty came <br />Edward M, Ryan, a single person <br />i ~ personally to me known <br />to ~ t!~ identiCa! ~raon whose Hoene at~xCd to the abase and fvrc- <br />gcsing instrument as Mortgagor, and he hd 5 aCkrlowledged itse said instrument at>:i the <br />ozeeitttrrttthereof to be his valuator}' act and deed, for the purposes thcreln expressad. <br />!n testimony whereof, I have hercumo sct my hand and afftxcd by <br />on the day and date last above written. <br />CENt1tM IlOrxltt . f+tstrr p aMtasty <br />t<tdltt'!€ L. ST IFI~G <br />~~- <br />tty Camp. EJp"~,! <br />S'fATEOFNEBRASKA ss <br />Filed for rceord this day of <br />at o'clock <br />reCOrded in Boot <br />mysealat Grand Island, Nebraska <br />~ ,.~ <br />J~f? }~~~ <br />tt.~tary >'aubiC <br />R.D. l4 <br />M„and entered in Nemerieal !txlcx, a::l <br />of Mortgages, on <br />R.~:stx. o=* ~~3 <br />fNA~7143M (10-77) <br />